rally

Last Weekly Golden Cross Led Bitcoin to Rally 75% Rapidly; Will the Same Happen Now?

If you’ve been on Crypto Twitter at all over the past few months, you’ve likely noticed the phrase “Bitcoin golden cross” tossed around incessantly. The reason, the leading cryptocurrency’s weekly chart is on the verge of printing what is known as a “golden cross,” when a short-term moving average crosses over a long-term one to […]

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Bullish Stock Market Rally Shines but Gloomy Gold is Slumping

The gold price dropped by 1.75% in the past three days despite… The post Bullish Stock Market Rally Shines but Gloomy Gold is Slumping appeared first on CCN.com

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Microsoft Collaboration Fuels 50% Rally for Enjin’s Cryptocurrency

Microsoft’s collaboration with blockchain gaming startup Enjin has prompted a roughly 50 percent surge in the project’s native token over a two-day period.

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Bitcoin Price Gains Above $9.1K as Ether Looks to Rally to $285

This week Bitcoin is expected to continue consolidating even as the weekly MACD is on the verge of a bull cross. Meanwhile, key indicators suggest that Ether price could explode higher. To a new investor entering the crypto-space sights like today’s 3.5% pump to $9,141 is enough to make you giddy with excitement about the […]

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Who Caused the 42% Bitcoin (BTC) Rally?

The Bitcoin rally late last Friday added a dramatic 42% gain to its peak at above $10,000. The days before that saw seemingly disconnected “whale” transactions going to exchanges. Chinese Traders Not the Whole Story But then, the markets were on fire, with the common cause seen as “the Xi Effect”. The recent statement by […]

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Bitcoin Price Analysis: $9,000 Not Enough Support For A Rally But What About $8,800?

Investors are finally coming into terms with Bitcoin’s false breakout above $10,500. Bitcoin seeks a bottom; possibly $8,800 to trigger the next rally towards $10,000. Bitcoin price has engaged the reverse gear as the maximum throttle hit a snag at $9,500. The tentative support at $9,200 has failed to offer the expected support. Meanwhile the […]

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Ethereum (ETH) Price Likely Setting Up For Next Rally

Ethereum price is trading nicely above the $180 support area against the US Dollar. Bitcoin price is down more than 2%, but it is trading well above the $9,000 support area. There was a break above a connecting bearish trend line with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken). […]

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The Stock Market Rally Is a Big Fat Lie

S&P 500 Index shatters new record high on Monday. Equity markets are rallying despite a three-quarter decline in corporate earnings – the longest stretch since 2015-16. U.S. firms are getting better at playing the expectations game. The Wall Street expectations game has created an artificially low hurdle for companies to clear every earnings quarter. Case […]

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Bitcoin (BTC) Price Breaks Past $9,600 in Late Weekend Rally

Bitcoin is not giving up and has continued its rally late on Sunday. BTC slid toward $9,126, slowing down a bit after Friday’s explosive climb, which saw prices break the $10,000 barrier for the first time since the crash on September 23. Bitcoin Price Renews Climb to $10,000 Now, BTC is on an ascending path […]

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Latest Bitcoin Rally is “Alive and Well” as Long as BTC Holds Above $8k

Bitcoin (BTC) has been on a wild ride over the past several days and weeks, as it has been able to post a meteoric rally from its recent lows of $7,300, which may signal that its recent lows are a long-term bottom that will be followed by significantly further gains. One prominent analyst is now […]

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Bitcoin Chart is “Bullish as it Gets,” Rally to $10,600 Possible

Bitcoin (BTC) bulls have managed to retake control over Sunday’s trading session. As of the time of writing this article, the leading cryptocurrency is trading at $9,750 — around $800 higher than Saturday’s local low of $8,900, which itself represents a 10% swing upward. Related Reading: Analyst Lays Out Reasons Why Bitcoin Price Isn’t Decisively […]

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Ether Price: 30% Weekly Gain Driven by Bitcoin Rally – Next Stop $225?

Ether flipped bullish, gaining 24% as Bitcoin rallied 42% on Oct. 25. The altcoin now aims for $200. On Oct. 25 Bitcoin (BTC) unexpectedly gained 42%, one of the largest daily gains witnessed since 2011. A number of altcoins benefitted from this startling upside move and Ether (ETH) rallied 24.23% alongside Bitcon.  Daily crypto market […]

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Ethereum Price Weekly Forecast: ETH Rally Not Likely Over

ETH price rallied recently and broke many resistances near $172 and $185 against the US Dollar. The price even spiked above the $188 resistance and it is currently correcting lower. There was a break above a significant bearish trend line with resistance near $170 on the 4-hours chart of ETH/USD (data feed via Kraken). The […]

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Happy 18 Millionth Bitcoin! BTC Scarcity Implies Large Price Rally

Mere hours ago (as of the time of publishing this), the 18 millionth Bitcoin (BTC) was mined. As revealed by Statoshi.Info, a recent block brought the 18th million coin into existence, leaving three million BTC remaining out of the hard-capped 21 million coin supply. While this milestone may seem irrelevant to those not involved in […]

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Bitcoin To See 150% Rally to $20,000 Within Next 18 Months: Prominent Investor

Over the past few months, the price of Bitcoin (BTC) and other cryptocurrencies have been heavily languishing. Since the $14,000 peak established in June, BTC has collapsed by nearly 50%, falling all the way to $7,700 at the multi-month low. Related Reading: Analyst Eyes 10% Bitcoin Price Expansion as Volatility Creeps Closer Despite this harrowing […]

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Bitcoin Eyes Price Rally as Fed Announces Pseudo-QE

Bitcoin is about to become a hot asset as the US central bank goes ahead with its pseudo-quantitative easing program, believes a few bigwigs. Travis Kling, the chief investment officer at California-based Ikigai Asset Management, called bitcoin “an insurance policy” against Jerome Powell’s decision to resume Treasury purchases. The Federal Reserve chairman on Tuesday confirmed […]

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Bitcoin Price Analysis: Strong Rally Retests Macro Resistance

Summary: The bitcoin market is experiencing a strong rally that has us testing the strength of the $8,300 resistance level. So far, the support level at $8,090 is holding and as long as the daily candle doesn’t close below the support level the market is poised for a retest of the $8,500s. If we see […]

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Bitcoin Dominance Poised to Breakdown, Are Altcoins About to Rally?

Bitcoin’s weakness over the past couple of weeks has resulted in a failure to bounce back as it clings to support at $8k. The drop had largely been expected and many analysts are of the opinion that further declines could be on the cards. The BTC dominance chart is also showing telltale signs that could […]

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Ethereum (ETH) Price Above $185 Would Make Case For Larger Rally

ETH price is showing positive signs above the $172 and $170 support levels against the US Dollar. The price is currently trading near $180 and it might soon retest the $185 resistance area. Yesterday’s highlighted key bullish trend line is active with support near $172 on the hourly chart of ETH/USD (data feed via Kraken). […]

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Bitcoin Forms Bullish Tweezer Bottom; Analyst Anticipates Swift Relief Rally

After incurring a sharp sell-off last night, Bitcoin’s bulls stepped up to the plate and were able to propel the crypto back into the lower-$8,000 region. This latest bout of volatility further confirms the notion that the upper-$7,000 region is a bastion of support for BTC. Importantly, this price action also allowed the cryptocurrency to […]

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Bitcoin Price To Rally If ‘$11,700 Launchpad Level’ Is Hit

Bitcoin price has been pretty much trading sideways since it pushed past the psychological $10,000 barrier in June. Noted crypto bull and analyst Josh Rager called for a critical resistance level for BTC that month. Bitcoin could register new highs if it ‘closes above the $11,700 launchpad level’ he said. In his latest tweet, he […]

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Was The Bitcoin Rally to $14,000 Catalyzed by Institutions?

The Bitcoin price has been on an absolute tear of the past year. Despite the cryptocurrency currently trading some 20% lower than its $14,000 year-to-date high, BTC is still up some 200-odd% since January 1st. With this move, many have been left wondering, “who the hell is behind the crypto market’s resurgence?” Related Reading: Major […]

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Bitcoin And Crypto Market Rally Looks Real: LTC, BNB, BCH, TRX Analysis

The total crypto market cap recovered nicely and broke the key $250.0B resistance area. Bitcoin price is up more than 7% and it recently climbed above $10,400. Binance coin (BNB) price is also gaining momentum and it recently broke the $22.50 resistance. Litecoin (LTC) price is facing a few solid hurdles near the $68.00 and […]

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